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30.09.2016 | 17:00

Eurozone: business activity is the lowest over a year and a half

The eurozone economy is losing momentum, according to more and more indicators.

The composite index of managers on purchase of PMI, reflecting activity in industry and services, lost in September three percentage points down to 52.6. This is the worst figure over the year and a half.

According to estimates of the Institute Markit, it means that the quarterly growth of the region's economy will not exceed 0.3%.

References in the article: eurozone, economy, economic growth
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